The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.30%, and September E-mini Nasdaq futures (NQU26) are up +0.97%.
Stock indexes are moving higher today as bond yields fell on a better-than-expected US June CPI report. The 10-year T-note yield is down -5 bp to 4.57%. Also, upbeat comments from Fed Chair Warsh were supportive of stocks when he said the US economy is resilient, growing at a solid pace, and that the labor market is broadly stable.
